Rich in Mercy Mission Institute Inc

Analysis

Rich in Mercy Mission Institute Inc is a registered charity in United States, based in Ligonier, PA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rich in Mercy Mission Institute Inc reported income of $224k and spending of $214k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $224k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rich in Mercy Mission Institute Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Albertina Kerr Centers Foundation Inc ($224k), Crook County Medical Services District Foundation Inc ($224k) and Logix Community Stars Foundation ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $283k against liabilities of $1,201, net assets of $282k.